Governor Bruce Rauner’s pension reform proposal introduced last week is under fire from a House committee.
The Personnel and Pensions Committee hearing on Wednesday raised several challenges to the 500-page plan, including whether it eliminates collective bargaining rights or would pass Constitutional muster. Dennis Murashko, deputy counsel for the Governor, told the committee that the administration believes that it would survive, if challenged in court.
Representative Mike Zalewski says that giving state workers the choice to move into Tier 2 wouldn’t provide a good retirement plan and lawmakers have had conversations about changing it.
The Governor’s Office says they believe the plan – which has not yet been filed in bill form – would save the state about $2B a year.